Oil rises as US sanctions, stockpile forecasts raise supply worries
(Reuters) – Oil prices were up on Friday after the U.S. tightened its sanctions programme against Russian crude exports, raising…
Oil down over 3% in 2 days, shredding ‘war premium’ as Saudis assure supply
Saudi Arabia is truly “balancing” the oil market by preparing to ship full volumes required by its North Asian customers,…
Gold hits 2-week high, within striking range of $1,900 as dollar slides
Oil prices might not be getting the risk premium many thought from the Middle East’s latest conflagtration but gold seems…
Oil falls further on US stock build, easing supply concerns
(Reuters) – Oil prices fell for a third day on Thursday, dragged down by a larger-than-expected crude and gasoline stockbuild…
Putin says OPEC+ coordination to continue
(Reuters) – Russian President Vladimir Putin said on Wednesday that coordination by the OPEC+ group of leading oil producers would…
Arvind and Company Shipping Agencies set to launch IPO under Arcadia group
Arvind and Company Shipping Agencies, a commercial barge service provider under the Arcadia group, is set to launch its initial…
US solar company Suniva to restart idled factory thanks to Biden climate law
(Reuters) – Suniva, the U.S. solar manufacturer that successfully fought for tariffs on cheap panels made overseas, will restart its…
Oil falls, investors mull possible conflict escalation
(Reuters) – Oil prices edged lower on Wednesday, as fears of disruption to supplies due to conflict in the Middle…
Analysis-China saves billions of dollars from record sanctioned oil imports
(Reuters) – China has reaped savings this year of nearly $10 billion through record purchases of oil from countries under…
Yellen says oil price cap has ‘significantly’ cut Russia’s revenues
(Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday said a G7-led price cap on Russian oil had sharply reduced…